Arcole completed the acquisition of Allimand.

Arcole, an independent management company, completed the acquisition of Allimand, a manufacturer of high value-added specialty paper, cardboard and fibrous materials machines. Financial terms were not disclosed. “We quickly became convinced that Allimand has unrivalled know-how and technical expertise in the high value-added fibrous materials market and that the group is driven by an expert and passionate team. Arcole is delighted to write a new chapter in its history with Allimand," Alexandre Bachelier, Arcole Partner.